Make me your Homepage
left corner left corner
China Daily Website

  • Oil imports to China set to slow in 2011

    2010-12-22 16:29

    China's appetite for oil may ease next year as the government takes steps to tackle inflation and work on expanding refineries slows, Bloomberg news reported Tuesday.

  • China may spend $1.7t on power infrastructure

    2010-12-22 15:41

    China may spend 11.1 trillion yuan ($1.7 trillion) in the next 10 years building electricity infrastructure, Bloomberg reported Wednesday, citing a 21st Century Business Herald report.

  • China raises gasoline, diesel prices amid inflation pressure

    2010-12-22 11:00

    China will raise gasoline and diesel prices 310 yuan ($46) per ton and 300 yuan per ton, respectively, beginning Wednesday, the National Development and Reform Commission (NDRC) announced Tuesday.
    Fuel hikes reflect market

  • Drilling deep for energy

    2010-12-22 09:10

    China National Offshore Oil Corp (CNOOC), the country's largest offshore oil company, said its annual oil and gas production reached 50 million tons this year for the first time.

  • Fuel hikes reflect market

    2010-12-22 09:06

    Gasoline and diesel retail prices will rise by around 4 percent on Wednesday, reflecting global market fluctuations, but officials and researchers said the increases will have only a limited effect on inflation.

  • China's Nov oil consumption jumps 15.2% as winter comes

    2010-12-21 17:14

    China consumed more oil in November compared with the same period last year as temperatures dropped, China's top economic planner, the National Development and Reform Commission (NDRC), said Tuesday.

  • China's State Grid buys $1b Brazil power assets

    2010-12-21 17:05

    State Grid Corp of China said it has taken over seven Brazilian power transmission companies with investments totaling nearly $1 billion, Reuters reported on Tuesday

  • China approves Sinopec's purchase of Colombian blocks

    2010-12-21 16:24

    China Petrochemical Corp, the nation's largest refiner, received State approval to buy Colombian oil and gas assets owned by Hupecol LLC, Bloomberg News reported Tuesday, citing the country's economic planner.

  • Inefficiency delaying energy conservation

    2010-12-21 13:47

    The slow pace of restructuring industry has become a hurdle that China needs to overcome in order to further improve its energy efficiency, a senior legislator said.

  • Russia pipeline to supply 15m tons of oil a year to China

    2010-12-20 16:00

    A crude oil pipeline between Russia and China suceeded in its trial run, Bloomberg News reported Monday, citing a statement on China National Petroleum Corp's website.

  • China endures power shortages as coal runs short

    2010-12-20 13:26

    The State Grid, China's major power provider, said on its website Monday that recent winter storms pushed demand higher and also caused traffic disruptions that have hindered coal deliveries.

  • Power shortage likely to remain over the winter

    2010-12-20 10:54

    With the extremely cold weather that has swept most parts of China over the past week, soaring demand for heat has led to coal shortages and power cuts in many of the country's provinces.

...